SCHEDULE 13G/A: Legacy Housing Insider Curtis Hodgson Maintains Significant 17.3% Stake
Beneficial Ownership Report
Curtis D. Hodgson, a key figure at Legacy Housing Corporation, has reported maintaining a beneficial ownership of 17.3% of the company's common stock as of December 31, 2024.
Summary
- Curtis D. Hodgson beneficially owns a total of 4,173,778 shares of Legacy Housing Corporation's Common Stock as of December 31, 2024.
- This ownership represents 17.3% of the company's outstanding common stock.
- The percentage is based on 24,158,311 shares of Common Stock outstanding as of November 6, 2024, as reported in the company's Quarterly Report on Form 10-Q filed on November 12, 2024.
- Mr. Hodgson's beneficial ownership includes 404,722 shares owned directly by him, 1,000,000 shares owned by Hodgson Ventures (a Texas limited partnership where he is the general partner), 2,669,056 shares owned by Hodgson 2015 Grandchild's Trust (where he shares voting and investment power), and 100,000 shares owned by Cusach, Inc. (an entity he controls).
- He holds sole voting and dispositive power over 404,722 shares and shared voting and dispositive power over 3,769,056 shares.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that inherently indicates positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of beneficial ownership, indicating a significant insider's continued stake in Legacy Housing Corporation. It does not provide broader industry trends or competitive analysis.
Related Party Transactions
- Curtis D. Hodgson's beneficial ownership includes shares held by Hodgson Ventures, a Texas limited partnership of which he is the general partner, and Cusach, Inc., an entity he controls. He also shares voting and investment power over shares held by Hodgson 2015 Grandchild's Trust.
Stakeholder Impact
- Shareholders: Provides transparency regarding the significant and continued ownership stake of a key insider, which can influence investor confidence and perception of corporate control.
Key Dates
| Date | Description |
|---|---|
| 2023-10-23 | Date of Power of Attorney granted by Curtis D. Hodgson to Max M. Africk, attached as Exhibit 24. |
| 2024-11-06 | Date as of which 24,158,311 shares of Legacy Housing Corporation's Common Stock were outstanding, as reported in the Company's Quarterly Report on Form 10-Q. |
| 2024-11-12 | Date Legacy Housing Corporation filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission. |
| 2024-12-31 | Date of event which requires filing of this statement, representing the beneficial ownership reporting date. |
| 2025-02-05 | Date of filing of this Schedule 13G Amendment No. 7. |
Keywords
Legacy Housing Corporation, Curtis D. Hodgson, Beneficial Ownership, Common Stock, Schedule 13G, SEC Filing, Insider Ownership, Shareholding, Equity Stake
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